Colonial Pipeline’s Cyber Insurers Include AXA XL, Beazley May 13, 2021 Colonial Pipeline has cyber insurance arranged by broker Aon, with Lloyd’s of London insurers AXA XL and Beazley among the...
Medical Professional Liability Market Facing Difficult Times May 13, 2021 Despite a slight improvement in net income in 2020, U.S. medical professional liability (MPL) insurers saw their sixth consecutive year...
What Cyber Insurers Should Know About the Federal Ransomware Advisories May 13, 2021 By Elizabeth Blosfield As the COVID-19 pandemic and the switch to remote work have highlighted cyber risks and drawn attention to the various...
MGA Pouch Debuts With ILS Capital Backing, Telematics for Small Commercial Fleets May 13, 2021 By Mark Hollmer Pouch, an insurtech MGA using telematics to reward small businesses for safe driving, disclosed it has raised some initial financing...
First Indemnity to Offer Excess Professional Liability Coverage for Law Firms May 12, 2021 First Indemnity Insurance Group, a specialty insurance agency providing professional liability products for lawyers and law firms, has launched Excess...
Starr’s Greenberg Initiates Group Letter Urging Biden to Speed Global Vaccination Effort May 12, 2021 A group of 16 international business and policy leaders today published an open letter to U.S. President Joseph R. Biden...
Workers’ Compensation Numbers Indicate Strong Performance During 2020 Pandemic May 12, 2021 Because of job losses and shrinking payrolls during the pandemic recession, the workers’ compensation industry’s net written premium dropped 10%...
eMaxx Platform Eases Insurer Entry Into Captive Market May 12, 2021 Commercial managing general agent eMaxx has expanded its turnkey platform for insurance companies to make it easier for them to...
They’re Back! Actuarial Society, Under Pressure, Reinstates Ratemaking Rules May 12, 2021 By Susanne Sclafane Less than a month ago, the prospect that long-held principles of actuarial ratemaking would survive an action by the Casualty...
Aon, Willis Towers Watson to Sell WTW Assets to Gallagher for $3.57 Billion May 12, 2021 Aon plc and Willis Towers Watson have agreed to sell Willis Re and a set of Willis Towers Watson corporate...